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Mortgage Insurance Tax Deductibility Extended Through 2011

Filed under: Mortgage Blog by Ericp

MI Tax Deductibility Extended Through 2011 The President has signed the bill extending Mortgage Insurance tax deductibility through December 31, 2011. This makes it a great time to tell your customers how they can use MI to buy a home sooner and enjoy predictable payments, while benefiting by deducting the premiums from their income taxes. [...]

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Week in review do for January 16th, 2011

Filed under: Mortgage Blog by Ericp

  It’s been said that “no news is good news….” And while that can be true, lately many of the economic reports we have seen have been very good news, as they show signs that our economy continues to improve. Stocks just enjoyed their seventh straight week of gains, due to the positive economic reports [...]

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FHA and VA loans from 620-639 credit scores again!!!

Filed under: Mortgage Blog by Ericp

FHA and VA loans FICO Expansion to 620-639 Nova Home Loans is opening up FHA and VA loans with credit scores to as low as 620-239 again.  Properties must be single family residences or Planed Unit Developments (PUD’s)  Minimum credit score is 620 but we have some additional overlays to this rule.  The following are [...]

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Mortgage Market Guide Weekly for the Week of January 3, 2011

Filed under: Mortgage Blog by Ericp

Last Week in Review: Traders were singing one minute only to scream the next. Read below to see why! Forecast for the Week: How many high-impact reports can you fit in a week? Find out below. Video View: Which credit card is right for you? Discover how to decide… plus learn about new rules that [...]

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Another reason why BIG Banks are not the best place to get a Home Loan!!

Filed under: Mortgage Blog by Ericp

Often when homeowners call my office and inquire about a home loan they ask why choose Nova Home Loans over their Big Bank. I have been in this business for 15 years therefore it is easy for me to notice the differences but customers cannot imagine how much better it is getting a home loan from [...]

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